Western tech firms will expand in South-east Asia
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Us South
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Significance Although several countries, including Thailand and Vietnam, also have laws which restrict the internet -- and affect foreign tech companies through data localisation and other requirements -- Western companies are inclined to downplay this aspect of the region’s tech sector. Impacts The new US infrastructure plan, which has USD65bn earmarked for digital infrastructure investment, may dampen US tech investment overseas. A potential US-South-east Asia digital trade agreement would not prioritise human rights. US and Chinese firms will compete for cloud services contracts in the region.
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